1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
MatroZZZ [7]
4 years ago
9

Closet Links Clothing Company provided the following manufacturing costs for the month of June. Direct labor cost ​$138,000 Dire

ct materials cost ​85,000 Equipment depreciation​ (straight-line) ​24,000 Factory insurance ​19,000 Factory​ manager's salary ​11,000 ​Janitor's salary ​3,000 Packaging costs ​19,200 Property taxes ​14,000 From the above​ information, calculate Closet​ Link's total variable costs.
Business
1 answer:
Morgarella [4.7K]4 years ago
6 0

Answer:

The Total Variable Cost is $242,200

Explanation:

The variable costs are all the prime costs which is all direct costs which includes direct labor $138,000, direct material $85,000 and packaging costs $19,200 which increases with the activity level increases. This means that the cost that doesn't change with the change in activity level are fixed costs and these are depreciation, factory insurance, Manager and supervisor's salary, and property taxes which are fixed for the year.

You might be interested in
A minimum wage is an example of a price floor or minimum price that must be paid. If effective, such a price floor would be ____
valkas [14]

Answer:

If effective, such a price floor would be <u>above</u> the market price and would lead to a <u>excess supply</u>.

Explanation:

A price floor can be described as a price control in which the minimum price to be charged for goods and services is imposed by a government or a group.

For a price floor to be effective and binding, it has to be set above the market or equilibrium price. This is because a price floor will neither be effective nor nonbinding when it set below the equilibrium price.

Any price above the equilibrium or market price creates or leads to excess supply. Excess supply is a situation whereby quantiy of commodity supplied is more than the quantity demanded of the commodity.

Based on the above explanation, if effective, such a price floor would be <u>above</u> the market price and would lead to a <u>excess supply</u>.

3 0
3 years ago
The accountant for Walter Company is preparing the company's statement of cash flows for the fiscal year just ended. The followi
Strike441 [17]

Answer:

$25,400

Explanation:

Equity which represents the amount owed to the owners of the business includes retained earnings (which is the accumulation of the net income/loss over the years less dividends paid) and common shares.

The movement in the retained earnings balance may be expressed as

Opening balance + net income - cash dividend paid = closing retained earnings balance

Cash dividend declared - Cash dividend paid =  Cash dividend payable

$49,000 - Cash dividend paid = $23,600

Cash dividend paid = $49,000 - $23,600

= $25,400

7 0
3 years ago
What does it mean when your tax return is being processed?
alexandr402 [8]
<span>According to the IRS FAQ on the Where's My Refund main page - this notification indicates that your return is being manually reviewed for some reason.   Your bars have disappeared, and perhaps your refund amount is gone, and the message states that "Your tax return is still being processed.  A refund date will be provided when available."  Something triggered a review.

Yeah bro</span>
6 0
3 years ago
Helen Heartwell flew to New York City a few weeks after the September 11, 2001, bombing of the World Trade Center. She wanted to
Ymorist [56]

Answer:

<u>Phenomenological</u>

Explanation:

Helen Heartwell flew to New York City a few weeks after the  September 11 , 2001, bombing of the World Trade Center . She wanted to know how the victims of the attack were making sense of what had happened to them . Dr. Heartwell is probably employing<em><u> Phenomenological</u></em> qualitative research design.

Phenomenological is the study in which we can study about the phenomena of the human as they experienced in real pr may they lived that.

There are two main approach of Phenomenological they are descriptive and interpretive . In recent time , Phenomenological is used widely in any field. It considered the important aspect which a person experienced or lived , but not interested in the explanation .

6 0
3 years ago
When Beck joined his uncle's oil exploration company in east Texas, he was given several hundred shares of stock in the firm, an
sergij07 [2.7K]

Answer: Master limited partnership

Explanation:

A master limited partnership also referred to as a MLP, is known as a limited partnership which is publicly traded on an exchange. A Master Limited Partnership tends to combine the tax benefits or advantages from a limited partnership with its liquidity that are the publicly traded securities such as stocks and bonds offer.  A MLP tends to pays taxes like every other partnerships, thus by passing profits through to individual, and also accounting for these profits on owner's tax return.

7 0
4 years ago
Other questions:
  • Horrified at the high price for the flu vaccine decides to set a price ceiling at $60.what are the results of this ceiling
    7·1 answer
  • Bond j has a coupon rate of 5 percent and bond k has a coupon rate of 11 percent. both bonds have 13 years to maturity, make sem
    15·1 answer
  • "Forcing insureds to sue the insurer to collect on a claim by offering substantially less than the amount eventually recovered i
    7·1 answer
  • Maria lost her job because the economy is shrinking. This is an example of _____.
    10·2 answers
  • _____ mirrors the Civil Rights Act in terms of outlawing discrimination, but also requires federal contractors and subcontractor
    9·1 answer
  • Apple, known for creativity and innovation, keeps its new innovations consistent with previous product lines to maintain long-te
    11·1 answer
  • business ethics chapter 4 critics have argued that, from an ethical perspective, altruistic corporate social responsibility (CSR
    9·1 answer
  • Out of a list of the values 12, 7, 3, 5, 8, and 2, which result would the MIN function return?
    8·2 answers
  • The___ shows your company's equity.
    13·2 answers
  • Describe two rights and two reposibilities as an employer
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!